Recap Consolidation in 50% previous week range after wide range week is normal. Closed the week above Y-0 and midpoint.
Outlook Ledge on 4 hour points to continuation of the up trend. A push towards the weekly / monthly resistance above at 1.15 will tell us if there is more stops to run. If so the monthly resistance at 1.20 will be in play.
Lawrence's Comment
Recap
Y-0 resistance sent NQ down to near Y-2 target mentioned last week. Worked out well but then rumors and news shock dominated the rest of the week. Closed the ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
ContentReviewS&P Correction StartedEuro No Strength to Go HigherGold Not as Bullish as Many ThinkBig Picture SummaryReviewEuro trapped in tight range inside the projected channel. It has not figured out what ...
Lawrence's Comment
Recap
Gap down open led to an all out rally defending Y-0. The surprise move to many was good enough to get Y+1 early in the week. ES holding above ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
EURUSD Apr 11 to Apr 15 Outlook
Lawrence’s Comment
Consolidation in 50% previous week range after wide range week is normal. Closed the week above Y-0 and midpoint.
Outlook
Ledge on 4 hour points to continuation of the up trend. A push towards the weekly / monthly resistance above at 1.15 will tell us if there is more stops to run. If so the monthly resistance at 1.20 will be in play.
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